Inside the Reinvention of Saks Fifth Avenue at the time of the transaction — also compelled Baker to bring the company into the HBC portfolio, which includes Canada's mid-market retailer Hudson's Bay, Lord & Taylor in the US, Galeria Kaufhof in Germany, Galeria Inno in Belgium, as well as discount outlets Saks Off 5th and Gilt Groupe....
Part 1: The Right of First Refusal Along with flash sales competitors like Gilt Groupe and Rue La La, The Outnet was able to capitalise on growing consumer interest in online fashion bargains.
In January 2010, despite the recession, Net-a-Porter received a letter of interest from Hearst, the publishing giant, which offered...
Bits & Bytes | Gilt Groupe Sold for $250m, Wearables at CES, Under Armour Gadgets(Bloomberg)
"Gilt Groupe Holdings Inc., a startup once valued at about $1 billion, agreed to be acquired by Hudson's Bay Co. for $250 million in cash."
(The Financial Times)
"The launch comes as CES sees a swath of companies from outside of the traditional tech sector looking to challenge...
Gilt To Be Acquired By Hudson's Bay Company For $250 MillionHudson's Bay Company, the owner of Saks Fifth Avenue and other department store chains, today announced that it has entered into an agreement to acquire Gilt Groupe Holdings for $250 million in cash.
"With this transaction, we will further accelerate both HBC's all-channel and Gilt's...
Hudson's Bay to Acquire Gilt Groupe for $250 MillionNEW YORK, United States — Gilt Groupe Holdings Inc., a startup once valued at about $1 billion, agreed to be acquired by Hudson's Bay Co. for $250 million in cash.
The business will be combined with Hudson's Bay's Saks Off 5th division, giving customers more online shopping options,...
What's Next for the American Department Store? More recently, reports have swirled that its parent company, Hudson's Bay, is in talks to buy Gilt Groupe for $250 million in order to tap into the flash-sale site's infrastructure and extensive data set. While Barneys has stayed out of the acquisition game, it has made a big bet on content...
Bits & Bytes | Luxury Web Battle, Zalando's Tech Focus, Apple Ring Patent"
"Some downsizing is on the cards for Gilt Groupe, the fashion flash-sales site that has been valued at $1.1 billion. TechCrunch has learned that the company is cutting 45 jobs as it tries to turn profitable by next year."
"The e-commerce project, which gives...
Which Is the World's Fashion-Tech Capital
New York has built large fashion-tech businesses based on models sometimes conceived by European pioneers (Gilt Groupe and Vente-Privée come to mind). And New York has a new generation of great innovators with creative strategies — for example, Bonobos and Warby Parker are phenomenal...
6 Places To Shop Designer Fashion For Less Online Flash Sales
Online Flash Sale sites include the popular Gilt Groupe, Ideeli and Rue La La to name a few. These sites have sales that start every day and normally last for a few days. Inventory is limited, so unfortunately items will be sold out if you don't jump on the sale...
#2492 The facts of life As many of you know, I write for Gilt Groupe all the time, which means that a chunk of my day from Monday to Friday is spent perusing the men's clothing on offer. I don't buy too much online, but every now and again something catches my eye and I pull the trigger. My latest purchase were...
Best Luxury Consignment Sites Online: Budget Fabulousness
An impressive selection of secondhand designer and luxury brands for men and women, the RealReal features Gilt Groupe-style 72-hour-long sales presented by brand and style in a relatable, but high fashion editorial voice.
For buyer and sellers in the market...
#2335 Day 2: How Have You Changed Over The Past Two Years? Two years ago I was living in Paris doing a short term writing contract for Gilt Groupe. I thought I was probably going to fly back to New Zealand and resume life as usual afterwards, but I got so caught up in the international experience that I decided to keep going, and when I was done, I...
How to Navigate Today's Insane Gilt City Warehouse Sale
· Gilt City LA
· 9 Tips For Shopping Gilt Groupe's Intense Warehouse Sale
· Get Excited: Gilt City's LA Warehouse Sale Returns June 8th
Thom Browne's menswear turned traditional tailoring on its ear Brooke Cundiff, a VP at Gilt Groupe's menswear arm, recalls meeting Browne when he worked in sales at Armani. "Even at that time," she says, "Thom was taking his Armani suits and cutting up the pants and making shorts."
He developed the distinctive silhouette with the Queens-based tailor...
Exclusive Interview with Alexis Maybank, Founder of Gilt Groupe: The Symmetry Between Luxury And Technology
Question: What is the importance of the customer conversation at Gilt Groupe?
Alexis: The content of the site must go where the potential buyer conversation is. We have to surprise and delight the consumer audience with the best online shopping experiences. Also, the fascination, right...
Looks on Campus: Celina – Point Park University – College Fashion I would suggest looking on my two favorite sample sale sites online — Rue La La and the Gilt Groupe – all of the clothes on those online sites are fabulous and are usually deeply discounted."
What are your favorite trends right now? "I love color blocking. For example, I have a pair of...
New Site Vaunte Lets You Shop Starlet Closets After all, the site is the concept of Gilt Groupe founding Vice Presidents Christian Leone and Leah Park. With this new site, you'll be able to purchase, but also read editorial content and interact in an online atmosphere of tastemakers and fashion insiders
. I'm pretty excited because...
TJ Maxx and Marshalls to Sell Online Then Gilt Groupe proved it could be done.
New York City freelance writer, Image Consultant, Makeup Artist, Fashion and Beauty Producer for Bag Ladies Radio, and President of Urban Glamour, LLC. I'm a Hofstra University and Fashion Institute of Technology grad with a penchant for pretty and...
Kim Kardashian Pregnant Photoshoot Du Jour March 2013 PHOTOS Kardashian was snapped by for the March issue of Du Jour, the digital and print title aimed at Gilt Groupe's wealthiest members. She wears minimal makeup and perhaps less clothing in the 18-page spread, though she does rock towels and floral crowns.
Fashionista spoke with...
Watch: Dockers Documentary 'Short' Series Featuring 6 'Men of Style'
Currently an Art Director at the highly influential, on-line retailer, Gilt Groupe, Jared Flint has worked for some of America's most progressive menswear media titles. Prior to Gilt Groupe, Jared was the Online Director at Antenna Magazine, the Senior Men's Market Editor at...